SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (215231)1/6/2002 6:29:15 PM
From: JEB  Respond to of 769670
 
Thank you.



To: Kenneth E. Phillipps who wrote (215231)1/6/2002 6:57:01 PM
From: JEB  Read Replies (1) | Respond to of 769670
 
BTW - how is it (since both the low and high paid consumers spend the same amount on actual goods) that it helps the economy more to have a higher than average minimum wage, ...since the state has a higher than average unemployment.



To: Kenneth E. Phillipps who wrote (215231)2/10/2002 4:05:28 PM
From: JEB  Respond to of 769670
 
gggg, ...its been over 24 hours, ...I don't have the time to wait for you to re-learn all over again. Here is a little help to get you started. MPC (Marginal Propensity to Consume) is a universal economic formula. It is just as pertinent to your personal finances as it is the nation as a whole.

Since we were discussing <font=red>permanent</font> income (a hike in your state's minimum wage rate) in the original post, ...are you sure we want to use MPC for that data?